Whipplewood Advisors LLC Buys 35,626 Shares of Schwab U.S. Mid-Cap ETF $SCHM

Whipplewood Advisors LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 407.3% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 44,372 shares of the company’s stock after purchasing an additional 35,626 shares during the period. Whipplewood Advisors LLC’s holdings in Schwab U.S. Mid-Cap ETF were worth $1,245,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Schwab U.S. Mid-Cap ETF by 200.4% during the fourth quarter. Brighton Jones LLC now owns 23,293 shares of the company’s stock worth $645,000 after buying an additional 15,538 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in Schwab U.S. Mid-Cap ETF by 194.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 115,000 shares of the company’s stock valued at $3,187,000 after purchasing an additional 75,941 shares during the period. Golden State Wealth Management LLC boosted its stake in shares of Schwab U.S. Mid-Cap ETF by 90.9% in the first quarter. Golden State Wealth Management LLC now owns 5,344 shares of the company’s stock valued at $140,000 after buying an additional 2,545 shares during the period. Sims Investment Management LLC acquired a new position in Schwab U.S. Mid-Cap ETF in the 1st quarter valued at $643,000. Finally, Highland Capital Management LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 33.0% during the 1st quarter. Highland Capital Management LLC now owns 11,190 shares of the company’s stock valued at $293,000 after acquiring an additional 2,775 shares during the period.

Schwab U.S. Mid-Cap ETF Stock Performance

SCHM opened at $30.03 on Friday. Schwab U.S. Mid-Cap ETF has a 52-week low of $22.41 and a 52-week high of $30.28. The firm has a market cap of $12.29 billion, a P/E ratio of 18.83 and a beta of 1.13. The business’s fifty day moving average is $29.63 and its 200-day moving average is $28.11.

Schwab U.S. Mid-Cap ETF Company Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.